Chapter DFI-Sec 35

Register December 2008 No. 636

Chapter DFI-Sec 35

GENERAL PROVISIONS

DFI-Sec 35.01   Fees.

DFI-Sec 35.03   Injunctions.

DFI-Sec 35.04   Files and records.

Ch. DFI-Sec 35 History History: Emergency rules covering general subject matter were adopted effective July 1, 1972. Chapter SEC 35 was renumbered chapter DFI-Sec 35 under s. 13.93 (2m) (b) 1., Stats., and corrections made under s. 13.93 (2m) (b) 6. and 7., Stats., Register, December, 1996, No. 492.

DFI-Sec 35.01 DFI-Sec 35.01 Fees. The following fees, prescribed for examination of various matters arising under ch. 553, Stats., are chargeable to the applicant or registrant and are payable, unless otherwise provided by the division, at the time the application or notice is filed:

DFI-Sec 35.01(1) (1) 

DFI-Sec 35.01(1)(a) (a) Application for order of exemption under s. 553.25, Stats.   $200.

DFI-Sec 35.01(1)(b) (b) Application for opinion confirming a registration exemption or an exclusion from a definition   $500.

DFI-Sec 35.01(1)(c) (c) Application for issuance of an interpretive opinion under ch. 553, Stats.   $500.

DFI-Sec 35.01(1)(d) (d) Application for amendment of a registration statement under s. 553.31, Stats.   $200.

DFI-Sec 35.01(2) (2) Preparation of computer-generated lists:

DFI-Sec 35.01(2)(a) (a) Preparation of a list from agency computer database     $25 per 75 pages of printed report.

DFI-Sec 35.01(2)(b) (b) Creation of a computer program for the purpose of preparing a report     $20.

DFI-Sec 35.01(3) (3) Issuance of a certificate under s. 553.75 (4), Stats., relating to the existence or non-existence of documents or entries on file or contained in the records of the division’s office       $50.00 plus $1 per page for copies included with the certificate.

DFI-Sec 35.01(5) (5) Per copy cost of 2008 Franchise Registration and Disclosure Guidelines adopted on June 6, 2008 by the North American Securities Administrators Association and Related Documents¼     $20.

DFI-Sec 35.01 History History: Cr. Register, October, 1972, No. 202, eff. 11-1-72; am. (1) (a) and (b), (2) (a), cr. (1) (d) and (e), Register, December, 1980, No. 300, eff. 1-1-81; cr. (3) and (4), Register, December, 1982, No. 324, eff. 1-1-83; renum. (1) (b) to (e) to be (1) (c) to (f), cr. (1) (b) and (g), Register, December, 1984, No. 348, eff. 1-1-85; am. (1) (a) and (c), Register, December, 1985, No. 360, eff. 1-1-86; am. (2) (a) and (b), Register, December, 1986, No. 372, eff. 1-1-87; r. and recr. (1) to (3), Register, December, 1988, No. 396, eff. 1-1-89; cr. (5), Register, December, 1989, No. 408, eff. 1-1-90; reprinted to correct error in (4), Register, December, 1990, No. 420; cr. (1) (h) and (6), r. and recr. (3), Register, December, 1991, No. 432, eff. 1-1-92; r. (1) (b), (e), (f), (h) (5), renum. (1) (c), (d), (g) to be (1) (b), (c), (d) and (6) to be (5), r. and recr. (2), Register, December, 1996, No. 492; r. (4), Register, April, 1998, No. 508, eff. 5-1-98; CR 08-077: am. (5) Register December 2008 No. 636, eff. 1-1-09.

DFI-Sec 35.03 DFI-Sec 35.03 Injunctions. In any injunctive proceeding under s. 553.54, Stats., the division may petition the court to order rescission of any sale or purchase of franchises determined to be in violation of ch. 553, Stats.

DFI-Sec 35.03 History History: Cr. Register, October, 1972, No. 202, eff. 11-1-72.

DFI-Sec 35.04 DFI-Sec 35.04 Files and records.

DFI-Sec 35.04(1) (1) Except as otherwise provided by law or as specified in sub. (2), any record or document in the division’s possession or control of which the division is the legal custodian, may be inspected or copied by any person during regular business hours.

DFI-Sec 35.04(2) (2) The following records may be excluded from disclosure under this section if the division finds the public interest in nondisclosure outweighs the benefits of open access:

DFI-Sec 35.04(2)(a) (a) Personnel files of office employees, former employees and job applicants;

DFI-Sec 35.04(2)(b) (b) Communications with legal counsel;

DFI-Sec 35.04(2)(c) (c) Records obtained under a pledge or reasonable expectation of confidentiality;

DFI-Sec 35.04(2)(d) (d) Memoranda and work papers of employees, the division or the deputy division prepared with the reasonable expectation of confidentiality;

DFI-Sec 35.04(2)(e) (e) A record that is part of a current investigation that may result in administrative, legal or criminal action or which relates to any such pending action.

DFI-Sec 35.04(2)(f) (f) A record whose disclosure would unduly damage a person’s reputation so as to outweigh the public interest in disclosure.

DFI-Sec 35.04 History History: Cr. Register, October, 1972, No. 202, eff. 11-1-72; r. and recr. Register, December, 1988, No. 396, eff. 1-1-89.